The National Cyber Crime Investigation Agency (NCCIA) has arrested seven suspects for their alleged involvement in a massive online financial fraud scheme.
According to officials, an NCCIA team raided a location in Silanwali, Sargodha, apprehending Muhammad Imran, Muhammad Yaseen, Muhammad Suleman, Naseem Akhter, Shahbaz Ali, Suleman James, and Abdul Aziz. Electronic devices recovered during the operation reportedly contained key evidence linking the group to fraudulent activities.
Investigators said the suspects posed as representatives of a foreign company and deceived citizens with promises of cryptocurrency and online investment opportunities, swindling millions of rupees.
The probe revealed that the group used multiple bank accounts, mobile numbers, fake WhatsApp profiles, international contacts, and online advertisements to lure victims into their scheme.
A case has been registered under sections 13 (electronic forgery), 14 (electronic fraud), and 16 (unauthorised use of identity information) of the Prevention of Electronic Crimes Act (PECA) as well as sections 419 (punishment for cheating by personation), 420 (cheating and dishonestly inducing delivery of property), 468 (forgery for purpose of cheating), 471 (using as genuine a forged document), and 109 (Punishment of abetment if the Act abetted committed In consequence and where no
express provision is made for its punishment) of the Pakistan Penal Code.
